Thailand’s Bank for Agriculture and Agricultural Cooperatives (BAAC) has selected Wolters KluwerFinance, Risk & Regulatory Reporting (FRR) to provide software for helping to ensure compliance with International Financial Reporting Standard (IFRS) 9. The bank will use OneSumX IFRS 9, a module of OneSumX for FRR, for managing its obligations around the accounting standard. OneSumX IFRS 9 offers a solid framework combining lifecycle information on each individual financial instrument with a comprehensive set of IFRS 9 calculators. The resulting numbers are recorded in a transparent, traceable, and auditable contract level IFRS subledger. The solution supports regulatory disclosures from local supervisors globally and offers powerful reporting tools. These features are supported by a data management framework that can capture and store relevant contractual information, manage events and transactions, store IFRS calculations, generate accounting and process the delivery of the disclosures. YIP IN TSOI Co. Ltd. (YIT), will provide professional consulting and services for the BAAC implementation, working collaboratively with Wolters Kluwer.